Hi all,
Just thought I should clarify something about my post last Saturday which contained a chart, to remove any negative misconceptions.
My assessment that price would bottom out at no lower than 21 cents by Wednesday this week was my worst case scenario from the range of probable price movements from Friday's close. As I said then, even that bottom (if it occurs) is likely to be merely an intra-day low and not necessarily a closing price. Price may well turn upwards before reaching the 21 cent level and I hope it does. The point I was making is that I don't see it going any lower, for the reasons on the chart. Here's the chart.
Regards,
Bones
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- the week ahead from mon 7 march
Hi all,Just thought I should clarify something about my post...
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